Filed September 11, 2023 (most recent of 3 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,699 | $54,762+113.1% | $90,281+29.3% | $72,985+59.9% |
| Participation rate | 86.4% | 65.1%+21.2pp | 73.3%+13.1pp | 69.5%+16.9pp |
| Annual return | 25.42% | 30.63%-5.2pp | 78.10%-52.7pp | 81.00%-55.6pp |
| Employer contribution / active EE | $5,348 | $2,092+155.6% | $2,854+87.4% | $2,440+119.2% |
| Participant deferral / active EE | $5,850 | $2,887+102.6% | $3,885+50.6% | $3,607+62.2% |
| Admin fee / account holder | $2,983 | $3,972-24.9% | $5,351-44.2% | $5,124-41.8% |